SoFi allows customers to redeem cash-back rewards in cryptocurrencies

SoFi allows customers to redeem cash-back rewards in cryptocurrencies

SoFi, the banking, lending, and investing platform that will soon go public via merger with a special-purpose acquisition company, announced that it’s letting its clients redeem their cash back rewards in bitcoin or ethereum.

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Fidelity launches digital assets analytics solution for institutional investors

Fidelity launches digital assets analytics solution for institutional investors

Fidelity is delving deeper into digital assets, and to do that, it’s rolling out an analytics offering called Sherlock to help its institutional investor clients monitor the performance of their digital assets.

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US Bank launches curated product suite for SPACs

US Bank launches curated product suite for SPACs

US Bank is rolling out a group of specialized products for special-purpose acquisition company sponsors covering trustee administration, investment, and disbursement services.

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Wealthfront warms to crypto alongside a move to let users customize portfolios

Wealthfront warms to crypto alongside a move to let users customize portfolios

Wealthfront, one of the largest independent robo-advisers, announced that it’s going to let its users invest in cryptocurrencies, alongside a broader move to allow customers to further customize their portfolios.

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PayPal, Venmo tie-up with Fiserv ushers in QR code payment push at store checkouts

PayPal, Venmo tie-up with Fiserv ushers in QR code payment push at store checkouts

Banking technology company Fiserv, which owns point-of-sale payment system Clover, entered into a partnership with PayPal to allow QR code payments using PayPal and Venmo apps at business checkouts.

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Banking startups Current, Step, and Greenlight together score $580M in funding

Banking startups Current, Step, and Greenlight together score $580M in funding

Investors are making serious bets on digital banking apps for young people. This week, three major companies in this space secured investments: Greenlight, which focuses on kid-friendly accounts

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As pandemic lingers, Southwest Airlines bets on ‘buy now, pay later’ to increase business

As pandemic lingers, Southwest Airlines bets on ‘buy now, pay later’ to increase business

Southwest Airlines has struck a partnership with ‘buy now, pay later’ (BNPL) provider Uplift, a company that focuses on point-of-sale financing for travel.

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JPMorgan Chase on the cusp of launching actively-managed bitcoin fund

JPMorgan Chase on the cusp of launching actively-managed bitcoin fund

Nearly four years after calling bitcoin a “fraud,” JPMorgan Chase CEO Jamie Dimon is apparently having a change of heart.

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Till expands the concept of teen banking in launch of family challenger bank

Till expands the concept of teen banking in launch of family challenger bank

Till, a fintech founded by dads Tom Pincince, Taylor Burton, and Brian Chemel, markets itself as the first collaborative financial platform specifically built for families.

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Amazon debuts ‘pay with palm’ technology at Seattle Whole Foods locations

Amazon debuts ‘pay with palm’ technology at Seattle Whole Foods locations

As consumers get more comfortable with cashless payment methods as the pandemic enters its second year, Amazon is launching a new biometric payment method called Amazon One at Seattle Whole Foods stores.

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Brian Brooks, former acting OCC head, to become Binance.US CEO

Brian Brooks, former acting OCC head, to become Binance.US CEO

In the latest indication that the mainstream finance world and crypto ecosystem are coming together, cryptocurrency exchange Binance.US has tapped former banking regulator Brian Brooks as its new CEO, effective May 1.

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‘Buy now, pay later’ company Affirm acquires returns platform Returnly for $300M

‘Buy now, pay later’ company Affirm acquires returns platform Returnly for $300M

San Francisco-based Affirm, which offers ‘buy now, pay later’ (BNPL) financing for consumer purchases, announced that it will acquire Returnly, a returns platform that allows customers to get instant store credit even before a return is processed.

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PayPal’s Venmo rolls out in-app crypto buying and selling capabilities

PayPal’s Venmo rolls out in-app crypto buying and selling capabilities

Venmo, the popular peer-to-peer payments app owned by PayPal that counts 70M users, today announced that users can buy, hold and, sell cryptocurrency directly within the Venmo app.

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MPOWER Financing teams up with Sallie Mae to offer student loans to international students in the US

MPOWER Financing teams up with Sallie Mae to offer student loans to international students in the US

Sallie Mae, which provides credit-based private student loan products to international and DACA students who apply with an eligible U.S. citizen or permanent resident co-signer, is working with fintech MPOWER Financing to deliver loans to “high promise” international students across 350 universities and colleges in cases where a co-signer is not available.

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Goldman invests $69M in Starling Bank as it expands European footprint

Goldman invests $69M in Starling Bank as it expands European footprint

Goldman Sachs, whose Marcus digital banking brand in the U.K. recently reopened savings accounts deposits after a nearly 8-month pause, is investing £50M ($69M) in neobank Starling, barely a month after Starling closed a $381M funding round.

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